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Greek owner Diana Shipping fixed the 2014-built panamax Atalandi to Uniper for 14 to 17 months at $13,500 per day, well above the $5,300 per day of the prior charter. The company also fixed two other panamaxes earlier in April at $12,000 and $12,600 per day.
Rising panamax time charter rates signal firmer demand for grain-capable vessels, which raises the cost of ocean grain shipments. Stronger charter rates support ocean freight pricing for grain exporters.
splash247.comGrant RowlesApr 30, 2018Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
